Would a government grant help you make the leap to buying a farm? That right! The USDA has announced it is giving out over $19MILLION in grants to young farmers accross the country! The Nation Institute of Food and Agriculture is managing the grant program. This program was put into place to help the younger generation break into the farming industry. Its for people with 10 years or less experience in the farming industry.
If this sounds like you, read on….
The grants were put into place to help train producers the the Beginning Farmer and Rancher Development Program or BFRDP for short.
Although getting a grant isnt easy, it sure beats getting a loan and having to repay it! Below is some of the info, keep in mind that these dates are the same every year!
Thursday, October 29, 2015
Thursday, January 21, 2016
At least equal to 25 percent (25%) of the federal funds awarded.